What is Zacks Research’s Estimate for Newmont Q3 Earnings?

Newmont Co. (NYSE:NEM) – Analysts at Zacks Research reduced their Q3 2025 EPS estimates for Newmont in a research note issued to investors on Tuesday, November 5th. Zacks Research analyst A. Barman now anticipates that the basic materials company will post earnings per share of $0.91 for the quarter, down from their previous forecast of $1.00. The consensus estimate for Newmont’s current full-year earnings is $3.15 per share. Zacks Research also issued estimates for Newmont’s FY2026 earnings at $4.24 EPS.

Several other brokerages have also recently issued reports on NEM. Scotiabank cut shares of Newmont from a “sector outperform” rating to a “sector perform” rating and dropped their target price for the stock from $59.00 to $55.00 in a report on Friday, October 25th. CIBC cut shares of Newmont from a “sector outperform” rating to a “neutral” rating in a report on Monday, October 28th. Raymond James lifted their price target on shares of Newmont from $65.00 to $66.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Royal Bank of Canada dropped their price target on shares of Newmont from $54.00 to $53.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 24th. Finally, UBS Group cut shares of Newmont from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $67.00 to $54.00 in a research note on Wednesday, October 30th. Nine analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Newmont currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.85.

Newmont Trading Down 0.3 %

Shares of NEM stock opened at $45.04 on Friday. Newmont has a 12-month low of $29.42 and a 12-month high of $58.72. The company has a current ratio of 1.96, a quick ratio of 1.73 and a debt-to-equity ratio of 0.30. The firm’s 50 day moving average is $52.17 and its 200 day moving average is $47.34. The stock has a market capitalization of $51.28 billion, a P/E ratio of -29.63, a P/E/G ratio of 0.37 and a beta of 0.51.

Newmont (NYSE:NEM) last issued its earnings results on Wednesday, October 23rd. The basic materials company reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.05). Newmont had a positive return on equity of 9.80% and a negative net margin of 7.03%. The company had revenue of $4.61 billion during the quarter, compared to analysts’ expectations of $4.67 billion. During the same quarter in the prior year, the business posted $0.36 EPS. The company’s revenue for the quarter was up 84.7% compared to the same quarter last year.

Newmont Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Wednesday, November 27th will be given a dividend of $0.25 per share. The ex-dividend date is Wednesday, November 27th. This represents a $1.00 annualized dividend and a dividend yield of 2.22%. Newmont’s payout ratio is -65.79%.

Insider Activity

In other Newmont news, EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $52.47, for a total value of $157,410.00. Following the sale, the executive vice president now directly owns 94,596 shares in the company, valued at approximately $4,963,452.12. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Newmont news, EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $52.47, for a total value of $157,410.00. Following the sale, the executive vice president now directly owns 94,596 shares in the company, valued at approximately $4,963,452.12. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Thomas Ronald Palmer sold 20,000 shares of Newmont stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $52.47, for a total transaction of $1,049,400.00. Following the completion of the sale, the chief executive officer now owns 291,469 shares in the company, valued at approximately $15,293,378.43. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 46,000 shares of company stock worth $2,444,440 in the last three months. Company insiders own 0.06% of the company’s stock.

Institutional Trading of Newmont

A number of institutional investors and hedge funds have recently bought and sold shares of NEM. LRI Investments LLC bought a new stake in shares of Newmont in the 1st quarter worth about $25,000. Strategic Financial Concepts LLC bought a new stake in shares of Newmont in the 2nd quarter worth about $25,000. Meeder Asset Management Inc. bought a new stake in shares of Newmont in the 2nd quarter worth about $27,000. Hoese & Co LLP bought a new stake in shares of Newmont in the 3rd quarter worth about $27,000. Finally, Avior Wealth Management LLC increased its holdings in shares of Newmont by 191.8% in the 3rd quarter. Avior Wealth Management LLC now owns 496 shares of the basic materials company’s stock worth $27,000 after buying an additional 326 shares during the last quarter. 68.85% of the stock is currently owned by institutional investors.

Newmont Company Profile

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.